Overview
What is Citizens Foundation?
The Citizens Foundation is a nonprofit organization situated in Colby, Kansas. Its primary focus is providing scholarships in accordance with the guidelines of a restricted endowment fund. The organization is actively engaged in fundraising activities, with the proceeds benefiting Citizens Medical Center, Inc. The mission of the Citizens Foundation extends beyond scholarships, encompassing support for healthcare, treatment, health-related education, and the promotion of health and wellness in Northwest Kansas. While the description in the information array mentions a schedule for further details, the specifics are not provided in the given data.
Official website here: www.cmciks.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that the Citizens Foundation meets some accountability and transparency standards but falls short in certain areas that may concern potential donors.
One of the organization's strengths is its high Program Expense Ratio of 99.16%, demonstrating a strong commitment to directing resources towards its programs rather than administrative costs. Additionally, the foundation has a fully independent board, which is crucial for governance and oversight. However, the lack of financial statements and several missing policies, such as a whistleblower and document retention policy, raises questions about transparency and overall governance practices.
While the foundation has a low liabilities to assets ratio of 0.08%, which suggests financial stability, the absence of tax forms on its website and other documentation may hinder public trust. Potential donors may want to consider these limitations alongside the foundation's strengths when making their giving decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Citizens Foundation legitimate?
Citizens Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Citizens Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cmciks.com/foundation
What is the mission statement of Citizens Foundation?
The mission of Citizens Foundation is centered around supporting healthcare, treatment, and education related to health, as well as promoting health and wellness in Northwest Kansas. They accomplish this by fundraising for Citizens Medical Center, Inc. In addition, they provide scholarships according to the guidelines set by their restricted endowment fund. The organization's activities aim to make significant contributions to the health sector and the overall well-being of the community. However, further details about their activities are provided in a separate source labeled as Schedule O.
Official website here: www.cmciks.com/foundation
Who is the CEO of Citizens Foundation?
David Mccorkle is the Cmci Ceo of Citizens Foundation. The CEO's salary of Citizens Foundation is $0 and their total compensation is $0.
Official website here: www.cmciks.com/foundation
What is the revenue of Citizens Foundation?
Citizens Foundation's revenue in 2022 was $602,088.
Official website here: www.cmciks.com/foundation
Who are the executives of Citizens Foundation and what are their salaries?
There 10 volunteers at Citizens Foundation.
Here are 9 key members and their salaries (Citizens Foundation's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.cmciks.com/foundation
Where can I find the form 990 for Citizens Foundation?
Citizens Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cmciks.com/foundation
Learn more at the official website: www.cmciks.com/foundation
Mission Statement of Citizens Foundation
The Citizens Foundation, as a nonprofit organization, is dedicated to supporting Citizens Medical Center, Inc. in various health-related endeavors. Its mission encompasses funding for healthcare, treatment, educational programs related to health, and promoting health and wellness within the Northwest Kansas community. The organization also focuses on providing scholarships according to the guidelines set by the restricted endowment fund. By doing so, Citizens Foundation plays a significant role in enhancing the overall health and educational landscape of its community.
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Impact
July, 2024
Citizens Foundation plays a crucial role in supporting health care, treatment, health-related education, and the promotion of health and wellness in Northwest Kansas. Through fundraising efforts for the benefit of Citizens Medical Center, Inc., the foundation provides scholarships according to the restricted endowment fund guidelines. By doing so, Citizens Foundation helps ensure that individuals in the community have access to essential medical services, education, and resources that contribute to their well-being. This impactful work embodies the spirit of philanthropy and contributes to the overall health and vitality of the region.
This information is meant to be a general summary of Citizens Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $30,571
- Gross Receipts: $615,943
Assets and Liabilities:
- Total Assets: $2,814,508
- Total Liabilities: $2,310
- Net Assets: $2,812,198
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Organization Details
Founding Year
1991
Phone
(785) 462-7511Principal Officer
David Mccorkle
Main Address
100 E COLLEGE DRIVE, COLBY, KS, 67701
Website
www.cmciks.com/foundationNTEE Category
Code: T99 - Philanthropy
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